Originally Posted by
alaskadrifter
Latest rumor is Ravn is going to buy Penair.
You have it backwards. I'm not joking. I heard from someone who talked directly (in person, on the ramp) to the VP of flight ops that the offer was recently made. Ravn/Corvus are making moves and they don't quite know if it's to begin a takeover push or quit Alaska altogether. I'm guessing with the offer for Penair to buy Ravn they are trying to capitalize on the possibility of the latter happening. Also was told the new bankroll folks are very confident in our financials (skeptical) and stand behind a buyout bid.
Either way, more interesting times are ahead.